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Macro Finance

Gold Steady as Traders Weigh Lower Oil Against Higher Yields

Bloomberg Markets·September 29, 2026·1 min read

Gold steadied after advancing on Tuesday, as traders weighed a decline in oil prices that eased concerns over energy-led inflation against elevated Treasury yields. The precious metal held its ground as lower crude reduced the appeal of inflation hedges, while higher yields continued to pressure non-yielding assets.

Read at Bloomberg Markets
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